The Texas Medical Association encourages physicians to remind uninsured patients to take advantage of the Affordable Care Act’s (ACA) Special Enrollment Period (SEP), which has been extended to Aug. 15 in response to the COVID-19 pandemic.
In addition, starting April 1, people who buy coverage directly through the ACA Marketplace will be eligible for increased tax credits that will create a significant drop in premiums, the Centers for Medicare & Medicaid Services (CMS) said. The tax credits were part of the American Rescue Plan, the latest federal COVID-19 relief package that was signed into law earlier this month.
“This action will allow individuals and families more time to access the SEP and enroll in Marketplace coverage with the increased tax credits to reduce their premiums, and for current enrollees to change plans in response to the availability of increased tax credits if they wish to do so,” CMS said.
Not all uninsured people are eligible for Marketplace plans or the increased subsidies. The Kaiser Family Foundation website includes a calculator that allows patients to easily determine their eligibility.
More than 5.2 million Texans lack health insurance, making the state No. 1 in the U.S. in the number of uninsured.
Last year, more than 1.1 million people enrolled in private plans through the Texas exchange, reports show.
Last Updated On
March 25, 2021
Originally Published On
March 25, 2021